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CNB > Monetary policy > Inflation reports > Boxes and Annexes contained in Inflation Reports

Boxes and Annexes contained in Inflation Reports

2019

The Czech Republic’s trade relations with the UK in recent years
(box 1) I/2019

2018

Assessment of financial market analysts’ inflation expectations
(box 1) IV/2018

The effect of corporate investment on productivity
(box 2) IV/2018

Households’ net wealth, income, savings and debt
(box 3) IV/2018

US protectionist measures and their impact on world trade
(box 1) III/2018

Margins and the price elasticity of aggregate supply
(box 2) III/2018

Part-time employment as a phenomenon of recent years
(box 3) III/2018

Wage growth in the euro area
(box 1) II/2018

Sources of the deviations of inflation from the CNB’s 2% target
(box 2) II/2018

The impact of the CNB’s interest rate hikes on client rates
(box 3) II/2018

Return to the publication of numerical exchange rate forecasts
(box 1) I/2018

2017

The LUCI – the labour utilisation composite index
(box 1) IV/2017

An experimental price index including prices of older properties
(box 1) III/2017

Developments on the Czech government bond market during and after the exchange rate commitment
(box 2) III/2017

A look back at the discontinued exchange rate commitment
(box 1) II/2017

Transmission of changes in the nominal exchange rate to domestic prices
(box 2) II/2017

Causes of the rapid rise in services prices
(box 3) II/2017

The potential for further growth in total employment
(box 4) II/2017

The anchoring of inflation expectations in the Czech Republic
(box 1) I/2017

Private investment – an analysis of individual data on non-financial corporations
(box 2) I/2017

The causes of the observed slowdown in export growth
(box 3) I/2017

2016

The impact of drawdown of EU funds on investment by non-financial corporations
(box 1) IV/2016

Comparison of dividend outflows in EU Member States
(box 2) IV/2016

A model of the effective indicator of industrial producer prices in the euro area
(box 1) III/2016

The impact of the Balassa-Samuelson effect on prices in the domestic economy
(box 2) III/2016

The Czech Republic’s trade relations with the UK
(box 3) III/2016

Wage growth in 2015 from the CZ-ISCO skills structure perspective
(box 1) II/2016

The house price index and its evolution in EU countries
(box 2) II/2016

Public procurement data as a leading indicator of public investment
(box 1) I/2016

The changeover from national to harmonised monetary statistics
(box 2) I/2016

The impact of the Chinese economic slowdown on the world economy and commodity prices
(box 3) I/2016

2015

Employment of foreign and agency workers and their effect on the employment statistics
(box 1) IV/2015

The pass-through of the koruna-dollar exchange rate to prices of tradable goods
(box 1) III/2015

The equilibrium koruna-euro exchange rate
(box 2) III/2015

The German economy and the dollar-euro exchange rate
(box 3) III/2015

Median inflation
(box 1) II/2015

Labour market developments from the perspective of the NAIRU and the cyclicality of the unemployment rate and wages
(box 2) II/2015

The monetary conditions index for the Czech Republic
(box 3) II/2015

The monetary conditions index for the euro area
(box 4) II/2015

Wage growth structure in the business sector
(box 1) I/2015

Future oil supply on world markets with regard to extraction profitability in different oil plays given falling oil prices
(box 2) I/2015

2014

Assessment of the economic situation one year after the exchange rate commitment was adapted
(box 1) IV/2014

Revision of the national accounts following the switch to ESA 2010
(box 2) IV/2014

The impacts of the military and political crisis in Ukraine on the Czech Republic
(box 3) IV/2014

The life cycle of foreign direct investment and its impact on the balance of payments
(box 1) III/2014

Evolution and structure of shorter working hours
(box 1) II/2014

The Czech Republic’s trade relations with Ukraine and Russia
(box 2) II/2014

Effects of the weakened exchange rate on consumer prices (input-output analysis)
(box 1) I/2014

2013

Using the exchange rate as an instrument to ease the monetary conditions
(box 1) IV/2013

New steady-state settings in the g3 model
(box 2) IV/2013

Comparison of corporate investment and employment from the perspective of ownership and reinvestment
(box 3) IV/2013

The impact of the growth in unconventional gas extraction on global prices of energy commodities
(box 4) IV/2013

Consumption, savings and debt burden of household income groups in 2012
(box 1) III/2013

The announced reduction of quantitative easing in the USA and its effect on yield curves
(box 2) III/2013

Revision of the quarterly national accounts
(box 1) I/2013

2012

The household saving rate
(box 1) IV/2012

Consumption and money savings by household income group
(box 2) IV/2012

The share of reinvested earnings in total FDI income
(box 3) IV/2012

The Bank Lending Survey
(box 1) III/2012

The CZK/USD exchange rate at a time of uncertainty
(box 2) III/2012

Easy monetary policy and commodity prices
(box 3) III/2012

Revision of the consumer basket
(box 1) II/2012

Factors affecting retail fuel prices
(box 2) II/2012

The pass-through of VAT to food prices at the end of 2011
(box 1) I/2012

Extraordinary revision of the quarterly national accounts
(box 2) I/2012

An analysis of the impacts of fiscal measures in the Czech Republic in 2001–2011
(box 3) I/2012

2011

Pension system reform
(box 1) IV/2011

The credit rating of the Czech Republic
(box 2) IV/2011

Germany – the Czech Republic’s main trading partner
(box 3) IV/2011

The impacts of changes to VAT rates on the budget and inflation and their components in 2012 and 2013
(box 1) III/2011

Labour market developments during the economic recession and the subsequent recovery
(box 2) III/2011

The debt situation in Italy
(box 3) III/2011

Publication of the graph of risks to the inflation projectioN (GRIP)
(annex) III/2011

Price-setting behaviour in the Czech Republic (micro data evidence) in relation to the pricing mechanism in the g3 forecasting model
(box 1) II/2011

The relationship between the Brent crude oil price and the dollar exchange rate
(box 2) II/2011

Forecasts for general government debt and debt service, and sensitivity analyses
(box 1) I/2011

2010

The effect of new photovoltaic power station installations on economic activity
(box 1) IV/2010

An analysis of household consumption
(box 2) IV/2010

Property-market-related loans in the current phase of the business cycle
(box 3) IV/2010

Assessment of the accuracy of the outlooks for effective GDP and CPI in the euro area – comparison of forecasts
(box 1) II/2010

Revisions to the expenditure components of GDP
(box 2) II/2010

Business and consumer sentiment in the current phase of the economic cycle according to CZSO and CNB indicators
(box 3) II/2010

The January 2010 consumer basket update
(box 4) II/2010

Exit strategies from unconventional monetary policy measures planned by selected central banks
(box 1) I/2010

Uncertainties surrounding the calculation of potential output
(box 2) I/2010

Revision of the quarterly financial accounts
(box 3) I/2010

Differences in client interest rates in the Czech Republic and the euro area
(box 4) I/2010

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area (pdf, 123 kB)
(annex) I/2010

2009

Investment in housing during the business cycle
(box 1) IV/2009

The effect of regulated prices and other administrative measures on inflation in 2008–2009 and their expected future development
(box 2) IV/2009

The impact of the recession on public finances in the Czech Republic
(box 3) III/2009

Financing and financial investment of corporations and households
(box 2) III/2009

Unconventional monetary policy of selected central banks
(box 1) III/2009

Analysts’0 0 0 0 0 0 0 0 0 0 forecasts in financial market inflation expectations questionnaires: A look back at the past ten years
(box 4) II/2009

Monetary policy in the g3 model
(box 3) II/2009

Proxying external developments after Slovakia’s entry to the euro area
(box 2) II/2009

Transmission of financial market interest rates to retail interest rates
(box 1) II/2009

Publication of a numerical exchange rate forecast
(box1) I/2009

The exchange rate path in the g3 model
(box 2) I/2009

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area (pdf, 287 kB) - December 2008
(Annex) I/2009

2008

The impact of the still fast growing world prices of energy-producing materials on inflation in the Czech Republic
(Box 1) IV/2008

Pricing in the g3 model
(Box 2) IV/2008

The CNB to start publishing forecasted path of nominal exchange rate
(Annex) IV/2008

The sectoral and production structure of the g3 model
(Box 1) III/2008

The withdrawal of 50-heller coins and its possible impact on prices
(Box 2) III/2008

The new g3 structural model
(Box 1) II/2008

Joint Agreement Between the Czech Government and the Czech National Bank (pdf, 15 kB)
Updated Strategy for Dealing with the Exchange Rate Effects of Foreign Exchange Revenues of the State (pdf, 32 kB)
(Annex) II/2008

Changes in the conduct and communication of monetary policy
(Box 1) I/2008

Publication of the forecast-consistent interest rate path and the use of fan charts
(Box 2) I/2008

The quarterly financial accounts statistics – New statistics at the CNB
(Box 3) I/2008

Changes to the CNB’s core prediction model
(Box 4) I/2008

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area (pdf, 182 kB)
A joint document of the Ministry of Finance of the Czech Republic and the Czech National Bank approved by the Government of the Czech Republic on 19 December 2007
(Annex) I/2008

2007

The causes, course and impacts of the current turmoil in global financial markets
(Box 1) October 2007

Household debt by income group in 2006 and its impact on consumption
(Box 2) October 2007

The causes of the sharp growth in world prices of cereals
(Box 3) October 2007

Fiscal measures and their impact on the economy in 2008
(Box 4) October 2007

The Czech Republic's Updated Euro-area Accession Strategy (pdf, 47 kB)
(Annex) October 2007

The relationship between interest rates and the structure of new loans for house purchase
(Box 1) July 2007

The CNB's new approach to the monitoring of inflation expectations of households in the Czech Republic
(Box 2) July 2007

The new consumer basket as from January 2007
(Box 1) April 2007

Financing of non-financial corporations
(Box 2) April 2007

The application of escape clauses to indirect tax changes
(Box 3) April 2007

The CNB's new inflation target and changes in monetary policy communication (pdf, 29 kB)
(Annex) April 2007

Employment of foreign nationals
(Box 1) January 2007

The extension of the core prediction model to include the effect of real wages
(Box 2) January 2007

2006

The role of monetary aggregates in the CNB's forecasts
(Box) October 2006

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area - October 2006 (pdf, 278 kB)
A joint document of the Ministry of Finance of the Czech Republic and the Czech National Bank approved by the Government of the Czech Republic on 25 October 2006
(Annex) October 2006

Effective indicators of external developments
(Box 1) July 2006

Oil and petrol prices in the CNB forecast
(Box 2) July 2006

Implications of household debt for consumption
(Box) April 2006

Fiscal policy in the CNB's modelling system
(Box) January 2006

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area (pdf, 156 kB)
A joint document of the Ministry of Finance of the Czech Republic, the Ministry of Industry and Trade of the Czech Republic and the Czech National Bank approved by the Government of the Czech Republic on November 23, 2005
(Annex) January 2006

2005

The effect of world energy prices on consumer prices
(Box1) October 2005

The performance of large non-financial corporations 1998-2004
(Box 2) October 2005

Potential output in the CNB's forecasting system
(Box 3) October 2005

Financial flows between the Czech Republic and the European Union
(Box) July 2005

Foreign trade in the first year after the Czech Republic's accession to the EU
(Box) July 2005

The effect of EU accession on prices and inflation expectations
(Box) July 2005

The effect of the exchange rate on inflation
(Box) April 2005

The transmission of external cost shocks into domestic prices in 2003-2005
(Box) April 2005

Inflation expectations in the CNB's modelling system
(Box) January 2005

Uncertainty regarding the evolution of public finances in 2005 and 2006
(Box) January 2005

The structure of lending
(Box) January 2005

Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Alignment of the Czech Economy with the Euro Area
(Annex) January 2005

2004

GDP data revision
(Box) October 2004

Indicators of households' financial situation
(Box) October 2004

Petrol prices and their impact on inflation in the Czech Republic
(Box) October 2004

The exchange rate in the CNB's forecasting system
(Box) July 2004

Monetary conditions
(Box) April 2004

Short-run food price prediction methods
(Box) January 2004

2003

The Czech Republic's euro-area accession strategy
(Annex) October 2003

Monetary policy in the CNB's macroeconomic forecast
(Box) October 2003

Use of the output gap indicator at the CNB
(Box) October 2003

ERM II and the exchange-rate convergence criterion
(Annex) July 2003

Changes to the methodology for surveying inflation expectations
(Box) July 2003

Indirect taxes and the inflation forecast
(Box) July 2003

The withdrawal of 10- and 20-heller coins and its possible impact on prices
(Box) July 2003

Credit to households
(Box) July 2003

Price deregulation in the period of transformation of the Czech economy
(Box) April 2003

Revisions to the March 2003 GDP figures
(Box) April 2003

Fiscal consolidation and its effect on economic growth
(Annex) January 2003

The Czech Republic and the Euro - draft accession strategy
(Annex) January 2003

Implications of the unexpectedly slow growth in regulated prices
(Box) January 2003

The financial conditions of the Czech Republic's accession to the EU
(Box) January 2003

2002

An assessment of the effect of the August floods on Czech economic growth
(Box) October 2002

The CNB changes its type of inflation forecast
(Box) July 2002

The Balassa-Samuelson effect
(Annex) April 2002

Estimated capital flows in 2002 and 2003 and their effect on the exchange rate
(Box) April 2002

Prediction of external variables
(Box) April 2002

Assessment of fulfilment of the CNB's net inflation target in December 2001
(Annex) January 2002

Strategy for dealing with the exchange rate effects of capital inflows from privatisation of state property and from other foreign exchange revenues of the state
(Annex) January 2002

2001

Changes in economic growth forecasts in the eurozone, Germany, the USA and Japan for 2001 and 2002
(Annex) October 2001

Escape clauses pertaining to the new inflation target
(Annex) July 2001

Harmonisation of the reserve requirements with European Central Bank standards
(Annex) April 2001

The Setting of the Inflation Target for 2002-2005
(Annex) April 2001

The CNB's monetary policy rates
(Box) April 2001

The methodological framework for evaluating Wage developments relative to inflation
(Box) January 2001

2000

The effect of oil price changes on the balance of trade
(Box) October 2000

Oil prices and their impact on inflation
(Box) July 2000

1999

Measuring the inflation expectations of the financial market
(Annex) October 1999

Revisions to the statistical data on GDP
(Box) July 1999

Analysis of the money supply trend
(Box) July 1999

1998

Price Indices Used for the Evaluation of Inflation
(Box) April 1998